Summing Up The Week Santa failed to show up for the rally this year. Typically, the last 3-5 trading days of one year and the first 2 trading days of the new year see stocks float higher, thus where the rally got its nickname, but, man, what a depressing couple of...
Summing Up The Week Even after the sudden scare provided by Federal Reserve Chairman Jerome Powell’s hawkish commentary, the seasonal “Santa Claus Rally” appeared to carry the stock market higher ahead of the holiday as investors and traders added to...
Summing Up The Week If you’ve read my blog from the beginning, you’ll remember I started Get Irked in August 2018. Little did I know what an exciting Christmas Eve we’d have back then. Then-President Donald Trump appointed Jerome Powell as Federal...
Summing Up The Week The S&P 500 traded within a range this week leaving no clear winners between the Bulls and the Bears. A series of mixed inflation reports and other differing economic data left many market participants wondering if we should just wait for the...
Summing Up The Week The market rally continued over the past week with the S&P 500 making new all-time highs seemingly every day. Despite mixed economic and geopolitical datapoints which could have sent stocks higher, the combination of positive seasonality and...
